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horrorfan [7]
3 years ago
11

If i save $200 for 6 months and i get 6% interest,how much interest would i earn in 6 months and what would my $200 be then?

Mathematics
1 answer:
devlian [24]3 years ago
8 0
200(1+0.06)^6
You will earn about $83.70 interest and the total would be $283.70

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klasskru [66]

The number of years it would take sales to reach $1,750,000 is 14.65 years.

<h3>What is the number of years?</h3>

The formula that can be used to determine the number of years it would take for the sales to reach $1,750,000 is:

Number of years : In (FV / PV) / r

Where:

  • FV = future level of sales -  $1,750,000
  • PV = present level of sales = 850,000
  • r = rate of growth -  4.931998%

Number of years : In ($1,750,000 / 850,000) / 0.04931998

Number of years : In (2.06) / 0.04931998

Number of years : 14.65 years

To learn more about how to determine the number of years, please check: brainly.com/question/21841217

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3 0
2 years ago
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Step-by-step explanation:

Slope is essentially change in height over change in horizontal distance, and is often referred to as "rise over run." It has applications in gradients in geography as well as civil engineering, such as the building of roads. In the case of a road the "rise" is the change in altitude, while the "run" is the difference in distance between two fixed points, as long as the distance for the measurement is not large enough that the earth's curvature should be considered as a factor. The slope is represented mathematically as:

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Step-by-step explanation:

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3 years ago
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